a. Use the judgmental approach to do prepare pro forma balance sheet dated December 31, 2020, for

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a. Use the judgmental approach to do prepare pro forma balance sheet dated December 31, 2020, for Leonard Industries.

b. How much, if any, additional financing will Leonard Industries require in 2020? Discuss.

c. Could Leonard Industries adjust its planned 2020 dividend to avoid the situation described in part b? Explain how.

Posted Date: May 19, 2024 04:13 PM

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a. Use the judgmental approach to do prepare pro forma balance sheet dated December 31, 2020, for

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